On average, listings lease in the $20's per square foot per year. The Warren region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Metro Detroit market, the Warren region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 18 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Warren folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.